Added to YB: 2026-08-03
Pitch date: 2026-07-30
GRG.L [neutral]
Greggs plc
-4.52%
current return
Author Info
No bio for this author
Company Info
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks.
Market Cap
GBP 1.9B
Pitch Price
GBP 19.69
Price Target
N/A
Dividend
3.67%
EV/EBITDA
6.29
P/E
14.59
EV/Sales
1.06
Sector
Hotels, Restaurants and Leisure
Category
growth
Greggs (LON: GRG) H1 2026 results
GRG.L (earnings): H1 2026 shares +18.5% (short squeeze; 13.9% short interest). Sales £1.1bn (+7%), op profit £86.5m (+22.9%), EPS 54.9p (+21.2%) but vs 2024 base only ~2% EPS growth. Rising IFRS 16 lease finance costs bite pre-tax margin. LFL 2.1% price-led (volumes -2%). FY guidance unchanged ~£172m PBT. Net cash £15.9m; frozen 19p div. Grocery/Tesco tie-ups the bright spot.
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